Segue Resources Ltd (ASX code: SEG) is a Western Australian focused minerals exploration company exploring for gold, lithium and nickel.
Gascoyne Lithium Project
Segue has an interest in over 1,000km2 of exploration licences at the Gascoyne Lithium Project, located 250km east of Carnarvon in the Gascoyne Region of Western Australia. Segue has commenced initial exploration for lithium-caesium-tantalum rare-earth pegmatites.
Barlee Gold Project
Segue has a 100% interest in 1,000km2 of exploration licences at the Barlee Gold Project, located 180km north of Southern Cross in Eastern Goldfields. The Barlee Gold Project covers over 100 strike kilometres of several greenstone belts and straddles the Evanston and Yuinmery Shear Zones. The Southern Cross Region contains over 20 million ounces of known gold endowment.
Plumridge Nickel Project
Segue has entered into a joint venture with MMG Exploration, a wholly-owned subsidiary of MMG Limited (HKEx: 1208, ASX: MMG) over 2,500km2 of exploration licences in the Fraser Range Province, 300km east of Kalgoorlie. The Plumridge Nickel Project is highly prospective for massive nickel sulphide mineralisation, similar to the Nova-Bollinger nickel-copper deposits. MMG is currently earning a 51% interest in the project through the expenditure of $6.5 million by December 2019.
Plumridge Gold Project
Segue has a 100% interest in 475km2 of exploration licences adjacent to the Plumridge Nickel Project, which are highly prospective for gold mineralisation. Historical drilling along the northern extent of the Harris Lake Shear Zone has identified an zone of gold mineralisation along a 10km corridor. Segue is currently undertaking a detailed aeromagnetic survey to better define drill targets along the mineralised corridor.
Deralinya Nickel Project
Segue has a 70% interest in 425km2 of exploration tenements at the Deralinya Project in the southern portion of the Fraser Range Province. The tenements are prospective for Nova-Bollinger style nickel-copper minerlisation, and are adjacent to Mt Ridley Mines' (ASX: MRD) Mt Ridley Project.
Pardoo Nickel Project
Segue has 49% interest in 375km2 of exploration tenements at the Pardoo Nickel Project in the Pilbara region of Western Australia. The project includes the Highway Deposit which contains an Inferred Mineral Resource of 50 million tonnes grading 0.30% nickel, 0.13% copper and 0.03% cobalt.
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